Record Inventory Purchase After Item has Sold
Do you ever sell an item before you’ve acquired the inventory? How do you account for that? Seller Ledger has a new setting to allow that.
By default, when Seller Ledger attempts to match inventory cost information with a sale, we assume that the sold item was purchased before the date of sale. However, based on feedback from a few customers, we have heard of the need to be able to support purchases that are made after an item has already sold.
To do that, we have added a new option under the Settings -> Business view:
Click the edit (pencil) icon under “Orders to Purchase Date Matching” and you’ll be presented with this dialog box:
Choose the second option to also allow matching to “future” purchases and voila – Seller Ledger will now let you match to purchases made after the sale.
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